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Fairfax-controlled CSB Bank appoints Pralay Mondal as retail banking head

Finance

19 June, 2020

Fairfax-controlled CSB Bank appoints Pralay Mondal as retail banking head

Fairfax-controlled CSB Bank Ltd has announced that its board has appointed Pralay Mondal as the company’s president for retail, SME, ......

Grapevine: SBI gets bids for its 1% in NSE; Vedanta to sell minority stake in Cairn

General

22 January, 2020

Grapevine: SBI gets bids for its 1% in NSE; Vedanta to sell minority stake in Cairn

India’s largest lender, State Bank of India (SBI), received bids from Prem Watsa’s Fairfax, Edelweiss Securities and Kotak Securities, among ......

A91, TVS Capital, Virat Kohli and others back Go Digit

TMT

21 January, 2020

A91, TVS Capital, Virat Kohli and others back Go Digit

Go Digit General Insurance Ltd, which is backed by Canadian investment firm Fairfax, has raised Rs 606.7 crore ($85 million) ......

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North American pension fund backs Fairfax's India airport investment plan

Infrastructure

16 January, 2020

North American pension fund backs Fairfax's India airport investment plan

Canada’s Fairfax, which has created a new holding company to channel its investments into Indian airports, has roped in a ......

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Prem Watsa's Fairfax gears up to pump more capital into India

Finance

09 January, 2020

Prem Watsa's Fairfax gears up to pump more capital into India

Fairfax India Holdings Corp, the publicly listed private equity-style investment platform of Canada’s Fairfax Financial Holdings Ltd, is planning to ......

Fairfax-controlled CSB Bank's IPO covered over four times on Day 2

Finance

25 November, 2019

Fairfax-controlled CSB Bank's IPO covered over four times on Day 2

The initial public offering (IPO) of CSB Bank Ltd continued to see investor demand on the second day of its ......

Fairfax-controlled Quess Corp taps McKinsey exec as group CEO-designate

People

31 October, 2019

Fairfax-controlled Quess Corp taps McKinsey exec as group CEO-designate

Quess Corp Ltd, a business services provider controlled by Canadian billionaire Prem Watsa’s Fairfax group, has appointed a former McKinsey ......

Fairfax to invest $5 bn more in Indian companies in next five years: Prem Watsa

Finance

03 September, 2019

Fairfax to invest $5 bn more in Indian companies in next five years: Prem Watsa

Prem Watsa, the billionaire chairman of Fairfax Financial Holdings Ltd, has proposed to invest a further $5 billion (approximately Rs ......

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Carlyle tastes rare lemon with exit from oldest active India portfolio firm

TMT

18 April, 2019

Carlyle tastes rare lemon with exit from oldest active India portfolio firm

Carlyle, one of the first international private equity firms to become an active investor in India, has got an exit ......

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Former Fairfax exec's new PE fund strikes debut deal in food sector

Consumer

27 February, 2019

Former Fairfax exec's new PE fund strikes debut deal in food sector

Convergent Finance, a private equity firm floated by former Fairfax India executive Harsha Raghavan, has inked an agreement to invest ......